Cheap Homes for Rent in Colonial Place Neighborhood of Norfolk, VA from $800 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Colonial Place area of Norfolk.

property at 2595 Waverly Way

$800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

3 Bedroom, 3 Bath Home for Rent

Available May 1

2595 Waverly Way

NorfolkVA23504
property at 307 W 32nd St

$900

Total Monthly Price3 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

4 Bedroom, 4 Bath Home for Rent

Available Now

307 W 32nd St

NorfolkVA23508

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 316 W 31st St

$900

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

4 Bedroom, 1 Bath Home for Rent

Available Now

316 W 31st St

NorfolkVA23508
property at 1045 37th St

$1,750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

3 Bedroom, 1 Bath Home for Rent

Available Now

1045 37th St

NorfolkVA23508

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 414 Delaware Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom Rentals

Available May 1

414 Delaware Ave

NorfolkVA23508

Cheapest Available Colonial Place Apartments for Rent

 

The cheapest available apartment rental in the Colonial Place area of Norfolk, VA is a Studio unit found at The Lafayette Apartments priced from $1,114. 121 W 32nd St Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. Here are the most affordable Colonial Place apartments for rent in Norfolk, VA:

Apartment ListingModel NameBed/BathPriced From
The Lafayette ApartmentsThe GhentStudio,1BA$1,114
121 W 32nd St Apartments2-BR2BR,1BA$1,250
811 East 30th Street2/12BR,1BA$1,400

Best Value Apartments for Rent in Colonial Place, VA

As of April 15, 2026 the best value apartment in the Colonial Place area is the $1.94 price per square foot Tidewater Square Unit 50 Model at Tidewater Square in the in the South Brambleton neighborhood starting from $2,329. The second greatest value Colonial Place apartment is the 211 W 29th St Model at 211 W 29th St, Unit 1 starting at $1,200 with a $1.20 price per square foot in the South Brambleton neighborhood. Here is today’s list of the best values for Colonial Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tidewater SquareTidewater Square Unit 503BR,3BA$1.94
211 W 29th St, Unit 1211 W 29th St2BR,1BA$1.20
The Point on 38th ApartmentsThe Reef2BR,2BA$2.11
River House Apartments1BR 1BA (825sf) - Haven1BR,1BA$2.25
811 East 30th Street2/12BR,1BA$1.75
121 W 32nd St Apartments2-BR2BR,1BA$1.67
The Lafayette ApartmentsThe GhentStudio ,1BA$2.23

Frequently Asked Questions about Colonial Place

What type of rentals are currently available in Colonial Place?

There are currently 82 Apartments for Rent in Colonial Place, VA with pricing that ranges from $1,099 to $3,777. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Place ranging from $800 to $4,100.

What is the current price range for Rental Homes in Colonial Place?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Colonial Place ranges from $800 to $4,100 with an average monthly rent of $2,318.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life article

The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life

Written by: James W. Vickers

Norfolk, Virginia, experienced a surprising population decline to 238,005 residents in the 2020 census, considering its low cost of living and high quality of life index. Renting an apartment falls well below the national average.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.